THeBlueCashew

General Discussion => The Flea Trap => Topic started by: J0E on August 15, 2015, 11:52:32 AM

Title: Alberta's Heritage Energy Fund vs. Norway's Prosperity Fund compared
Post by: J0E on August 15, 2015, 11:52:32 AM
http://www.theglobeandmail.com/report-on-business/international-business/european-business/norways-sovereign-wealth-fund/article25973060/



....with less than 1/10th the oil reserves of Alberta, Norway has managed to amass an Energy fund worth over 1 trillion dollars.



By contrast, all that Alberta has to show is less than $20 billion, one of the lowest savings rates of ANY sovereign oil funds in the world.



...where'd all the money go?



...no wonder Albertans threw out the Conservative government and elected the NDP.
Title: Re: Alberta's Heritage Energy Fund vs. Norway's Prosperity Fund compared
Post by: Anonymous on August 15, 2015, 05:52:10 PM
Quote from: "Frank"http://www.theglobeandmail.com/report-on-business/international-business/european-business/norways-sovereign-wealth-fund/article25973060/



....with less than 1/10th the oil reserves of Alberta, Norway has managed to amass an Energy fund worth over 1 trillion dollars.



By contrast, all that Alberta has to show is less than $20 billion, one of the lowest savings rates of ANY sovereign oil funds in the world.



...where'd all the money go?



...no wonder Albertans threw out the Conservative government and elected the NDP.

The only problem is that the NDP wants to waste even more money than the PC's..



Politicians, what are they good for?

 ac_dunno
Title: Re: Alberta's Heritage Energy Fund vs. Norway's Prosperity Fund compared
Post by: cc on August 15, 2015, 06:26:07 PM
firewood?  



wait, wait, they don't even burn well



 ac_smile